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Stock impact report

NaaS Technology Outlines Strategic Focus on Interconnectivity Charging Business

NaaS Technology Inc. - American Depositary Shares (NAAS) 
Company Research Source: PR Newswire
BEIJING, Oct. 10, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced a strategic emphasis on its interconnectivity charging business, leveraging AI technology and industry partnerships to accelerate ecosystem development on both the supply and demand sides of China's rapidly growing electric vehicle ("EV") charging industry.Ms. Yang Wang, Chief Executive Officer of NaaS, commented, "China's new energy vehicle market has experienced rapid expansion, with charging services potentially becoming a bottleneck constraining future growth. As a charging services industry leader, NaaS is strategically poised to meet this urgent demand, prioritizing expansion and advancement across the charging ecosystem.""The digital nature of EV charging presents a unique opportunity for AI technology to revolutionize the industry. We aim to holistically upgrade China's charging infrastructure through Show less Read more
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